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Dec 5, 2012
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there's a lot at stake in america and international economies as well. can you reassure them that you will come to some sort of a deal? >> i think that we will. we're in the early stages of the serious negotiations and that president -- the president has put forth an offer and speaker john boehner has put forth that offer. the fact that this is rejected is to be expected but it is testing ground. we have seen that between them have gone through this process. i believe we will get there. both sides so that we cannot win are refusing to compromise. we both have our right to be here and we have countered with some revenue in places. we want to see what the president will do in terms of cuts. where are concerned about the deficit. i believe we will get there. i really do. >> you are a perennial optimist. you make everything seem sunny. we are at a stalemate. republicans do not want to raise taxes and democrats to know what to -- do not want to cut spending. >> the president has the political upper hand. if nothing happens, the tax rates do expire as is and t
there's a lot at stake in america and international economies as well. can you reassure them that you will come to some sort of a deal? >> i think that we will. we're in the early stages of the serious negotiations and that president -- the president has put forth an offer and speaker john boehner has put forth that offer. the fact that this is rejected is to be expected but it is testing ground. we have seen that between them have gone through this process. i believe we will get there....
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Dec 6, 2012
12/12
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economy, he had to read mcvet is taking much longer than in must got to balance -- he had to admit it is taking much habrÉ than it osborn when o address was first thought to balance the nation's books. >> the people want to know that we are making progress, and the message today is that we are making progress. it is a hard road, but we are getting there. >> he pointed to the economic problems globally that are making his job harder. as a result, the chancellor announced austerity would have to last for logger, until 2018, in fact. that means more benefits will now be squeezed, and there will be a tax rates on the pension pops. >> i know these tax measures willthought to balance not be r. ways to reduce the deficit never are. but we must act together. when you look for savings, it is fair to local to the 1%. >> with multiple forecasts being downgraded, it has now become an issue about competence. they argue not only has the chancellor failed, but failed on his own terms. >> it has been completely derailed. the one test they set for themselves, balance the books and get the debt fallin
economy, he had to read mcvet is taking much longer than in must got to balance -- he had to admit it is taking much habrÉ than it osborn when o address was first thought to balance the nation's books. >> the people want to know that we are making progress, and the message today is that we are making progress. it is a hard road, but we are getting there. >> he pointed to the economic problems globally that are making his job harder. as a result, the chancellor announced austerity...
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Dec 8, 2012
12/12
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is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in recession, would be bad news for the rest of the world. we do not need that because recovery is fragile. we do not want to have this knock on affect on the fragile recovery. >> what would your message be to members of both parties on capitol hill as their negotiating? >> i would say focus on the real issue. the real issues for me are the supremacy of the united states and its leadership role in the world. the u.s. has an economic leadership in the world. it is a safe haven. to make sure --
is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
12/12
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SFGTV2
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man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. man: infrastructure is vital to the american economy. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and individuals, they have to go elsewhere. and when they go elsewhere, jobs go elsewhere. your entire economy begins to suffer with the lack of clean water. narrator: while the water infrastructure provides for our health, safety, and economy, a growing concern is that the value society derives from water has not traditionally been reflected in the price we pay for water. man: when you take a look at how much people pay for water, as a percentage of median household income, it's usually less than 1%. and
man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. man: infrastructure is vital to the american economy. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's...
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>> well it is supposed to be going to the cutting-edge of the economy. small business creation. you had a piece on this earlier. it is not going there we're at the slowest rate of any recession since world war ii in small business formation. the slowest possible rate --. david: i want to stop you right here. i've been going you there the numbers and i've been trying to figure this out. i've really been trying to figure it out. how did that 25% increase in government expenditures, huge increase, we haven't seen an increase like that since world war ii, how did that become permanent? how did it go from being a one-shot deal, the stimulus in two thooin -- 2009, tt being part of the baseline budget? >> that is the way it workings in washington, david, you know that. once congress puts in place a spending increase, they reappropriate it, build into the baseline and do it before. construction projects need to be expanded. right across the street from the particular studio we have a big train station, union station. a construction project going on three years, all stimulus money. will
>> well it is supposed to be going to the cutting-edge of the economy. small business creation. you had a piece on this earlier. it is not going there we're at the slowest rate of any recession since world war ii in small business formation. the slowest possible rate --. david: i want to stop you right here. i've been going you there the numbers and i've been trying to figure this out. i've really been trying to figure it out. how did that 25% increase in government expenditures, huge...
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Dec 9, 2012
12/12
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KBCW
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at a time when style is taken a backseat to fuel economy. edward low editor in chief for motor trend magazine says automakers are paying close attention because more americans are in a buying mood. right now the average age of a car on the road is 11 years a record high. >> now they're in these old cars and they want to buy a new one. they're going to start thinking about hey, how much am i going to pay at the pump? >> reporter: overall consumer interest in alternative fuel vehicles is up 54%. so gm is renewing its commitment to pure electric cars with the chevy spark ev. ford is rolling out eight vehicles that deliver 40 miles per gallon or better. including the 2014 fiesta that has a breakthrough three cylinder engine. the spokesman mickle line. >> it's so small you can actually fit it in a suitcase and it has the performance of a standard engine and is expected to get the best fuel economy of any nonhybrid car in america. >> reporter: we've seen a rebirth of the traditional gasoline engine thanks to advances in technology. >> in many case
at a time when style is taken a backseat to fuel economy. edward low editor in chief for motor trend magazine says automakers are paying close attention because more americans are in a buying mood. right now the average age of a car on the road is 11 years a record high. >> now they're in these old cars and they want to buy a new one. they're going to start thinking about hey, how much am i going to pay at the pump? >> reporter: overall consumer interest in alternative fuel vehicles...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: "nightline" continues from new york city with terry moran. >> you when it comes to have very human problem of keeping the love alive in a relationship, it might seem strange to turn to an animal for help. yet horse therapy has become a new frontier for those looking to sort out the messy matters of the heart. juju chang brings us one couple's journey to get back in the saddle. >> justin, can you tell danny what you've been through? and notice his reaction as you're talking. >> tell danny? you serious? >> reporter: this man is trying to win back the love of his life, by talking to a horse. >> okay, danny. >> reporter: justin and lyz have been together for nine years. >> justin, look at lyz's reaction. >> bu
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: "nightline" continues from new york city with terry moran. >> you when it comes to have very human problem of keeping the...
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Dec 8, 2012
12/12
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CSPAN
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the economy is beginning -- continuing to move. having met with all the stakeholders, we have met with a number of ceo's, a number of companies and small business people, labor community, progressive groups. the interesting thing that the business folks are telling us about is the downside of going off this steep slope is real. it is going to curtail growth. but the upside is even bigger than the downside. they are ready to move. they have well over a trillion dollars out there to invest if they think the economy is going to move. so, i just want to thank these folks for giving me the time, and quite frankly being so open about their personal circumstances because that is not easy. to be peoplable to sit here andi have a developmentally disabled son. it is not easy to do. i thank them very, very much. them that i warned you may or may not ask them questions. i will let you make those individual arrangement. if they are comfortable with it. these are hard-working, serious and americans who have been playing by the rules and are doin
the economy is beginning -- continuing to move. having met with all the stakeholders, we have met with a number of ceo's, a number of companies and small business people, labor community, progressive groups. the interesting thing that the business folks are telling us about is the downside of going off this steep slope is real. it is going to curtail growth. but the upside is even bigger than the downside. they are ready to move. they have well over a trillion dollars out there to invest if...
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p democratse slow walking the economy. yes. this is the same republican leadership that had to have incentive and session barely a day. barely a full day as this week. >> if we do go oaf the cliff, it will be especially bad for the unemployed. about 400,000 will stop receiving checks. >> police intercepted two bombs on the east of hillary clinton's visit top?édz northern ireand. officers rammed a car and seized a car hours before the sogs arrived. hours later they revealed a bomb had been found in a mailbox in a loyalist area of county down. detectives questioning four ñ republican army members.ublican >> sad ending this afternoon to what started out as a joke played by two djs involving the pregnancy of prince william wife's kate, the duchess of cambridge. a nurse who was drawn into the prank has died, a suspected suicide. a hospital nurse caring for the pregnant duchess of cambridge tricked by two radio disc jockeys has apparently committed suicide. the woman who served -- worked at sing 7th hospital had been pulled into co
p democratse slow walking the economy. yes. this is the same republican leadership that had to have incentive and session barely a day. barely a full day as this week. >> if we do go oaf the cliff, it will be especially bad for the unemployed. about 400,000 will stop receiving checks. >> police intercepted two bombs on the east of hillary clinton's visit top?édz northern ireand. officers rammed a car and seized a car hours before the sogs arrived. hours later they revealed a bomb...
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Dec 9, 2012
12/12
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CSPAN2
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the concern was actually mixed economy. what is remarkable is that after the defeat of the left and the unions back in 1980, mainstream economists started using the word capitalist again. you know, you can pick up the new york times today and see an article in the business section called choosing your capitalist. there was one of those typical, business and social science. one of those typical varieties of capitalism's. they have a nicer capitalism in the street. we have a more rampant cowboy capitalist. and a very myopic kind of discussion because it failed to see the extent to which european capitalism has become so americanized. you know, the european union is more open, if anything, to much of what we have been discussing in terms of free capital flows and deregulation than any other. so it has been in myopic discussion. but i think everyone now does recognize this is the capitol system. and hopefully people will get beyond looking for a better variety of capitalism and use the kind of democratizing language your speaki
the concern was actually mixed economy. what is remarkable is that after the defeat of the left and the unions back in 1980, mainstream economists started using the word capitalist again. you know, you can pick up the new york times today and see an article in the business section called choosing your capitalist. there was one of those typical, business and social science. one of those typical varieties of capitalism's. they have a nicer capitalism in the street. we have a more rampant cowboy...
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was really happening to the global economy with. headlines. as a report. shows that so much i was about the feeling that i was in a. really. sad.
was really happening to the global economy with. headlines. as a report. shows that so much i was about the feeling that i was in a. really. sad.
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Dec 8, 2012
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the economy has changed. but whether or not the journey my parents made is still possible to all who are willing to work for it, well that will decide whether america will decline or whether america will remain exceptional. the emergence of a strong, 21st century american middle class is the answer to our most pressing challenges. and it all starts with our people. in our hotel kitchens, in the landscaping crews working in our neighborhoods, and in the late night janitorial shifts that clean our offices. there. there you will find the dreams america was built on. there you will find the promise of tomorrow. their journey is also our nation's destiny. and if they can give their children what our parents gave us, well then life in 21st century america can be better than it has ever been. may god bless all of you. and may god bless the united states of america. >> explain the history and literary culture of new york's capital city albany this weekend on c-span2. today on c-span, "the communicators" talks with mi
the economy has changed. but whether or not the journey my parents made is still possible to all who are willing to work for it, well that will decide whether america will decline or whether america will remain exceptional. the emergence of a strong, 21st century american middle class is the answer to our most pressing challenges. and it all starts with our people. in our hotel kitchens, in the landscaping crews working in our neighborhoods, and in the late night janitorial shifts that clean...
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>> well, higher taxes are not expected to be a major hit to the economy. if you're looking for a job it's hard to hear about a possible slow down in highering. governor brown got voters last month to approve proposition 30. a temporary income tax increase and a boos0qz the sales tax to save public schools. but a new anderson forecast called it a double edged sword because that will have a slight drag on the committee, slowing california growth. >> republicans have been saying that sometime. it change behaviors. it's dampening economic recovery. >> the forecast estimates payroll growth hovering between 1% and 2% in next two years. it predicts the rate will average 10.5% by the end of the year, then improve to 9.7% next year with the jobless rate around 8.4% in 2014. >> jerry shelton is a school finance consultant and says the report doesn't take into aif the kth what would have happened if voters rejected prop 30. $6 billion in cuts, mostly to public education. he thinks$c]b californians wano trade short term economic growth for an investment in kids. >> w
>> well, higher taxes are not expected to be a major hit to the economy. if you're looking for a job it's hard to hear about a possible slow down in highering. governor brown got voters last month to approve proposition 30. a temporary income tax increase and a boos0qz the sales tax to save public schools. but a new anderson forecast called it a double edged sword because that will have a slight drag on the committee, slowing california growth. >> republicans have been saying that...
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Dec 3, 2012
12/12
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KTVU
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economy as much as $1 billion a day. >>> in our continuing cover repblg of the if fiscal cliff, treasure secretary bluntly re-- continuing coverage of the fiscal cliff. treasure secretary bluntly reject today. >> they cost $1 trillion over 10 years and no possibility that we are twoing to find going to get it without it going back up. >> seven weeks between election day and the end of the year. and three of those weeks have been wasted. >> the house speaker want on to say he was flabbergasted by the plan. they say tell take another week for serious negotiations to begin. >>the supreme court may announce tomorrow if it will review california's prop 8 case over same sex marriage. the justices met behind chosed doors on friday but took no action on prop 8 or other casees. if the court declines to review prop 8 it will be immediately legal for same sex couples to marry in california f. it takes it up for review a final decision can change it up in every state. >> lawmakers in sacramento begin a new section with promises not to raise taxes. democrats won a majority in both houses in the elect
economy as much as $1 billion a day. >>> in our continuing cover repblg of the if fiscal cliff, treasure secretary bluntly re-- continuing coverage of the fiscal cliff. treasure secretary bluntly reject today. >> they cost $1 trillion over 10 years and no possibility that we are twoing to find going to get it without it going back up. >> seven weeks between election day and the end of the year. and three of those weeks have been wasted. >> the house speaker want on to...
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Dec 4, 2012
12/12
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KPIX
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the economy got some vital signs that are improving today. a report says that builders increased their spending in october by the biggest amount in five months, a sign of the housing recovery. and detroit's big three are putting more cars in american driveways. g.m. says its sales were up 3% last month, ford's were up 6% and chrysler sales were up 14%. there's a vehicle on mars that's revealing secrets from the planet's ancient past and we'll have that next. day gift list. aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll go to the mall. hey. hi. y'know, holiday shipping's easy with priority mail flat rate boxes from the postal service. if it fits, it ships anywhere in the country for a low flat rate. yeah, i know. oh, you're good. [ laughing ] good luck! [ male announcer ] priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. military families face, we understand. at usaa, we know ñ2milita?lry life is differe. we've been there. that's why every bit of fi
the economy got some vital signs that are improving today. a report says that builders increased their spending in october by the biggest amount in five months, a sign of the housing recovery. and detroit's big three are putting more cars in american driveways. g.m. says its sales were up 3% last month, ford's were up 6% and chrysler sales were up 14%. there's a vehicle on mars that's revealing secrets from the planet's ancient past and we'll have that next. day gift list. aww, not the mall....
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Dec 9, 2012
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KPIX
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economy is car sales. 1.1 million cars and trucks were sold last month. that's up 15% over last year. thn blackstone reports while americans are spending more money on cars, they are demanding vehicles that cost them less at the bump. >> reporter: this year's l.a. auto show is bolder... and greener than ever before. more than 50 electric, hybrid, and other fuel-efficient vehicles are on display at a time when style is taking a backseat to fuel economy. fward loh, editor in chief for "motor trend" magazine says auto makers are paying close attention because manufacture americans are in a buying mood. right now, the average age of a car on the road is 11 years, a record high. >> now they're in these old brs. they want to buy a new one. they're going to start thinking about, hey, how much am i going to pay at the pump? >> reporter: overall consumer nnterest in alternate-fuel ihicles is up 54% so g.m. is renewing its commitment to pure electric cars with the chevy spark e.v.. ord is rolling out eight tehicles that deliver 40 miles per gallon or better includi
economy is car sales. 1.1 million cars and trucks were sold last month. that's up 15% over last year. thn blackstone reports while americans are spending more money on cars, they are demanding vehicles that cost them less at the bump. >> reporter: this year's l.a. auto show is bolder... and greener than ever before. more than 50 electric, hybrid, and other fuel-efficient vehicles are on display at a time when style is taking a backseat to fuel economy. fward loh, editor in chief for...
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Dec 2, 2012
12/12
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KNTV
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thousands of open jobs at big brand name companies in this economy. how come they're having such a hard time finding people to fill them? >>> and later, all signs point to victory for a team that overcame incredible odds to win the championship. >>> news that shipping companies are hiring thousands of new workers right now to keep up with the christmas demand should come as good news to many americans who have been sitting on the sidelines in this weak job market. yet surprisingly companies are having a hard time filling some of those jobs. nbc's michelle franzen tells us why. >> reporter: they are the elves to retailers, the major distribution companies, and workers making sure all those gifts ordered online are processed and delivered on time for the holidays. with record-setting online sales this shopping season, companies like amazon, ebay, and u.p.s. are struggling to hire enough workers to meet the demand. >> we're hiring 50,000 seasonal associates across our entire network in the u.s. to help meet demand. >> reporter: u.p.s. set a similar goal
thousands of open jobs at big brand name companies in this economy. how come they're having such a hard time finding people to fill them? >>> and later, all signs point to victory for a team that overcame incredible odds to win the championship. >>> news that shipping companies are hiring thousands of new workers right now to keep up with the christmas demand should come as good news to many americans who have been sitting on the sidelines in this weak job market. yet...
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Dec 9, 2012
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WBAL
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we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the debt ceiling and we haven't given that up. >> reporter: congress must again vote to raise that debt ceiling early next year, that would mean a replay of last year's battle and a chance for republicans to regain the upper hand. the president has laid down an early marker. >> i will not play that game, because we have got to break that habit before it starts. >> reporter: speaker boehner's visit today with the president was only the second time since the election the two have meat face to face. pu publicly each have been waiting for the other to blinging m. >> to say they're go along with that and then we'll start negotiating on the other side. it makes no sense for us to negotiate against ourselves. >> reporter: as the cliff looms, one influential voice says enough is enough. >> that's like betting your country. that's
we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the debt ceiling and we haven't given that up. >> reporter: congress must again vote to raise that debt ceiling early next year, that would mean a replay of last year's battle and a chance for republicans to regain the upper hand. the president has laid down an...
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Dec 8, 2012
12/12
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CNNW
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on record since 1939, according to the labor department. 146,000 jobs added to the economy last month and the unemployment rate fell to a four-year low of 7.7%, partly because thousands of people have just stopped looking for work. >>> at number four, president obama asking congress for $60.4 billion in emergency aid for superstorm sandy recovery efforts. thatie request falls short of total damage estimates. they say they'll need closer to $82 billion to repair their states. >>> it's been more than 15 years since he was mysteriously gunned down, but the los angeles coroner's office has finally released the autopsy report on rapper christopher wallace, also known as the notorious big or biggy smalls. the 23-page report shows wallace suffered four gunshot wounds, one of which was fatal. to date, no arrests made in that case. it remains unsolved. >>> secret service agents at risk all because one man lost some sensitive computer information. the shocking mistake was kept largely secret until now. cnn's brian todd has the details. >> reporter: law enforcement and congressional sources tell
on record since 1939, according to the labor department. 146,000 jobs added to the economy last month and the unemployment rate fell to a four-year low of 7.7%, partly because thousands of people have just stopped looking for work. >>> at number four, president obama asking congress for $60.4 billion in emergency aid for superstorm sandy recovery efforts. thatie request falls short of total damage estimates. they say they'll need closer to $82 billion to repair their states....
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Dec 5, 2012
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FOXNEWSW
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do we know how much damage this did to the economy? >>reporter: some of the damage never will be truly known because of the small businesses affected, the drivers that would have been here and stopped for lunch or breakfast and the drive across country would have stopped. there are some ships here but there are docks not totally full and a lot of empty ships, and they will be loaded today. a lot of them have been unloaded. the mayor here says no matter what happened, this was expense i. >> this cost the country about $8 billion, somewhere in the neighborhood $8 billion and 10,000 people were out of work but we shot a deal. people are going back to work. that is the good news. >>reporter: the big stores in the larger locations could get stuff late you forget there are a lot of smaller people, the guys at the smaller produce market would may have lost money. their stuff was sitting offshore or waiting to be loaded on and sat here for eight days. >>trace: thank you, adam. the millionaire software company founder wanted for questioning in
do we know how much damage this did to the economy? >>reporter: some of the damage never will be truly known because of the small businesses affected, the drivers that would have been here and stopped for lunch or breakfast and the drive across country would have stopped. there are some ships here but there are docks not totally full and a lot of empty ships, and they will be loaded today. a lot of them have been unloaded. the mayor here says no matter what happened, this was expense i....
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Dec 5, 2012
12/12
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MSNBCW
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i know it will doom our economy. for years to come. but let's just go over the [ bleep ] cliff. fine. let's just go. just leave the negotiating tables and send us over the whichever. because you know why? at least for seconds, it will fe
i know it will doom our economy. for years to come. but let's just go over the [ bleep ] cliff. fine. let's just go. just leave the negotiating tables and send us over the whichever. because you know why? at least for seconds, it will fe
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Dec 4, 2012
12/12
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FOXNEWSW
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but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans' court. >>shepard: but speaker boehner has moved, if shiply and if for the first time in public but he has moved. >>reporter: he has. he is not willing yet, not yet, anyway, willing to raise tax rates. in speaker boehner's proposal he put revenue, tax revenue of $800 billion on the table. you her the white house said this was not enough detail but they say in t
but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans...
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Dec 4, 2012
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economy about $1 billion. is wr? >> reporter: well, what's wrong the clerical union, folks striking there behind me, blocked several terminals here at ports of los angeles and long beach. it is a massive operation here nearly ahalf trillion in goods come through every year, it's huge. 40 ship affected. several and berthed here. several turned away. others awaiting in the ocean. we understand there is a press conference with the mayor, dramatic negotiations finally going on on this. they hadn't been talking for some type. mayor villaraigosa coming in from overseas trip last night, 10:30, 11:00 pacific time, went straight to negotiations not far from here. he's been there all night long on their backs and he's doing a press conference in 25 minutes or so. that probably means there is a deal at hand. >> a billion dollars a day, i hope they're bringing out all of the stops at this point. if you're out there, check one of those carriers and see if perhaps my ninjago is there for my kid. it's going to drive me crazy. >> re
economy about $1 billion. is wr? >> reporter: well, what's wrong the clerical union, folks striking there behind me, blocked several terminals here at ports of los angeles and long beach. it is a massive operation here nearly ahalf trillion in goods come through every year, it's huge. 40 ship affected. several and berthed here. several turned away. others awaiting in the ocean. we understand there is a press conference with the mayor, dramatic negotiations finally going on on this. they...
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Dec 5, 2012
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they say that increase is due to job loss, the economy, high cost of housing, and a number of other issues. the agency said volunteers are essential and helping them fill the needs. >> different members of our organization are used to give them back mentoring and we have to do something as a collective group to put the university of maryland out there and show we care about the community. >> reporter: the food bank distribute -- distributes 500,000 pops of food each week and they could not help the thousands in need if they didn't get the help they need from the volunteers. >> to be able to give something of our time to help people who are in need is what is critical. and you see it every day as you drive to work. you see people and you your going to work. you need to take the time to volunteer and give something to the community. >> reporter: that was wisdom martin. we want you to know that this is really, really important to us, and we would really love your help. join us this friday at the following giant food likes in brentwood, montrose crossing in rockville, greenbriar and the hyatts
they say that increase is due to job loss, the economy, high cost of housing, and a number of other issues. the agency said volunteers are essential and helping them fill the needs. >> different members of our organization are used to give them back mentoring and we have to do something as a collective group to put the university of maryland out there and show we care about the community. >> reporter: the food bank distribute -- distributes 500,000 pops of food each week and they...
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Dec 7, 2012
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and when the economy stalls, when the economy sputers, when people lose their jobs, they know which party to blame, the party of high taxes. let's don't be the party of just almost as high taxes. >> some people have called that the doomsday scenario. others have said it's a strategic retreat on the republicans' behalf. would you vote present for that in the senate if it comes up? >> i don't think we have to in the senate. i'm happy not to filibuster it and i will announce tonight on your show that i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants because then they will be the party of high taxes and they can own it. >> i want to ask you one quickie. your friend and mine, senator jim demint, resigning from the senate. going to take over as head of the heritage foundation. he is a great free market defender of capitalism. what do you make of jim demint leaveliing the senate? >> i think there's two ways to look t a it. the way i look at it, i've jokingly said he's going to a better place. but i really am serious about that
and when the economy stalls, when the economy sputers, when people lose their jobs, they know which party to blame, the party of high taxes. let's don't be the party of just almost as high taxes. >> some people have called that the doomsday scenario. others have said it's a strategic retreat on the republicans' behalf. would you vote present for that in the senate if it comes up? >> i don't think we have to in the senate. i'm happy not to filibuster it and i will announce tonight on...
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the job that relies really on wasting government money is not a job that sustainable in the industry economy studies also show that more money on the fence firms doesn't mean more jobs project on government oversight conducted a study on employment at the top five contractors over the five year period to implement the company's declined even as a total federal contract dollars awarded to the firm's rose research has found that military spending is one of the least effective ways that the government can create jobs and the military budget in its contractors have been sacred in the past critics when the defense industry is powerful lobbying arm along with the revolving door in washington there's a huge corruption if you look at the number of generals who then turn around and become senior consultants or senior vice presidents with these defense contractors and they know that it's the classic revolving door while the u.s. grapples with massive debts and deficits current budget reductions will do little to reduce military firepower. or cut prices defense contracts. in los angeles ramon the lindo
the job that relies really on wasting government money is not a job that sustainable in the industry economy studies also show that more money on the fence firms doesn't mean more jobs project on government oversight conducted a study on employment at the top five contractors over the five year period to implement the company's declined even as a total federal contract dollars awarded to the firm's rose research has found that military spending is one of the least effective ways that the...
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that's $115 billion a year that would go to deficit reduction instead of being pumped into the economy. heidi sherholtz is an economist. >> it's less money for consumers to spend, that means that the demand for business services will drop, who provides goods and services, workers, so employment will fall. >> reporter: those in favor allowing the tax cuts to expire argue money for social security payments has to come from somewhere. although john says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. >> reporter: might be a jacket. might be those pair of boots that they want to go there and keep warm. >> for john the debate in washington is not about the federal budget it's about his family's. jim axelrod, cbs news, west new york, new jersey. >> early this morning a tentative deal was reached to end the strike that shut down this nation's largest port complex. workers are expected to return to work this morning. clerks at the ports of los angeles and long beach, california had been on strike for eight days. the deal was reached hours after federa
that's $115 billion a year that would go to deficit reduction instead of being pumped into the economy. heidi sherholtz is an economist. >> it's less money for consumers to spend, that means that the demand for business services will drop, who provides goods and services, workers, so employment will fall. >> reporter: those in favor allowing the tax cuts to expire argue money for social security payments has to come from somewhere. although john says that somewhere will mean doing...
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that's a big blow to an economy just getting out of a crisis. >> the strike is not only costly to the economy, it could also delay shipments of merchandise to be shoulder over the holiday season. >>> time now 6:40. tech gadgets are the hot items on this year's wish list. cnet's brian cooley is here to break down the top picks. >> the early numbers on the stock market a mixed bag. lots of time though. we'll chat about it with jason brooks when we come back. be at bank of america, we're continuing to lend and invest in the people, businesses, and organizations that call the bay area home. whether it's helping a nonprofit provide safe, affordable housing within the city, supporting an organization that's helping kids find jobs and stay in school, or financing the expansion of a local company that's creating healthier workplaces, what's important to the people of the bay area is important to us. and we're proud to work with all those who are making our communities stronger. powerful typhoon in the philippines. typhoon bop (boe-pah) roared ashore this morning with winds of 110 ms per hour.
that's a big blow to an economy just getting out of a crisis. >> the strike is not only costly to the economy, it could also delay shipments of merchandise to be shoulder over the holiday season. >>> time now 6:40. tech gadgets are the hot items on this year's wish list. cnet's brian cooley is here to break down the top picks. >> the early numbers on the stock market a mixed bag. lots of time though. we'll chat about it with jason brooks when we come back. be at bank of...
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that has an enormous ripple effect throughout the economy. many of you, over the last two or three years, have experienced record profits or near record profits and have a lot of money where you are prepared to invest in plants and equipment and hire folks. obviously, globally, the economy is still soft. europe will be there for quite some time. asia is not charging forward as quickly as they were navy a few years ago. but, i think what you have unrecognized and what many of you have told me, everybody is working for america. they understand that if we are able to put forward a long-term agenda, for growth and prosperity, it is broad-based here in the united states, the covenants will not just increase here in the united states, it will increase globally. we can get the cycle i think all of us have been waiting for and want to see. what is holding us back right now, ironically, is a lot of stuff going on in this town. i know that many of you have come down here to try to see if there is a way we can break through the law jim and go ahead and
that has an enormous ripple effect throughout the economy. many of you, over the last two or three years, have experienced record profits or near record profits and have a lot of money where you are prepared to invest in plants and equipment and hire folks. obviously, globally, the economy is still soft. europe will be there for quite some time. asia is not charging forward as quickly as they were navy a few years ago. but, i think what you have unrecognized and what many of you have told me,...
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Dec 8, 2012
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also while sandy cost the economy 10s of billions of dollars. the construction agency is announcing a bump in business as folks begin to rebuild what they lost. rick lesson thowl in the hard hit new york city borough of staten island live for us there tonight. hey, rick. >> hi, shepard. sandy's silver lining repairing damaged homes requires materials like lumber and sheetrock and wiring and real pairing those requires skilled labor. >> before hurricane sandy, anthony had to lay off two workers and was about to lay off more. now this electrical contractor is hiring with more business than he can handle. >> people want their work done right away. we are working to get that done for them. >> i'm a firm believer of taking the work while it's there. so i really don't pass up too much. if we have to work saturdays and sundays we will. >> many in the northeast were hit hard by the storm including descrawnts and retrailers. the construction agency was booming. landscapers, carpenters all seeing big demand. economists caution it's a short-term boost. >>
also while sandy cost the economy 10s of billions of dollars. the construction agency is announcing a bump in business as folks begin to rebuild what they lost. rick lesson thowl in the hard hit new york city borough of staten island live for us there tonight. hey, rick. >> hi, shepard. sandy's silver lining repairing damaged homes requires materials like lumber and sheetrock and wiring and real pairing those requires skilled labor. >> before hurricane sandy, anthony had to lay off...
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Dec 9, 2012
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on what he thinks needs to be done to try to get our spending and the deficit and the budget and the economy all back in order. >> jamie: oversea, tensions rising in egypt. president muhammad morsi has refused to delay a referendum on a new constitution he's proposing, prompting the opposition to call for more protested it, follow it would go weeks of violent demonstrations. on friday, protesters stormed the presidential palace. take a electric at this. scenes reminiscent of the days that hosni mubarak was ousted from power. what is next. major bob scales is a military analyst. general, great to see you. >> good to see you. as we look at this and we see the military there was laying low for a while. now they are popping their heads up, saying dialogue, dialogue or catastrophe. can you see a situation where they try to take over? >> i see a situation where the military acts as an intermediary, if you will. remember, to this day, the most respected institution in egypt is the army. recall that most of the rulers in the last 50 years have been military people, like nasr, mubarak, an air force f
on what he thinks needs to be done to try to get our spending and the deficit and the budget and the economy all back in order. >> jamie: oversea, tensions rising in egypt. president muhammad morsi has refused to delay a referendum on a new constitution he's proposing, prompting the opposition to call for more protested it, follow it would go weeks of violent demonstrations. on friday, protesters stormed the presidential palace. take a electric at this. scenes reminiscent of the days that...
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the huge toll it's taking on the economy. >> and a big sinkhole in the ground and a new storm on the way. we are learning how long an east bay neighborhood could have to live with this mess. >> and we're live in san francisco where all muni trains are back up and running after a power outage caused all of them to shut down last night. i spoke with the muni spokesman on the phone who says how they were able to get back up and running so quickly. ,,,,,,,, look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. you won't take our future. aids affects us all. e
the huge toll it's taking on the economy. >> and a big sinkhole in the ground and a new storm on the way. we are learning how long an east bay neighborhood could have to live with this mess. >> and we're live in san francisco where all muni trains are back up and running after a power outage caused all of them to shut down last night. i spoke with the muni spokesman on the phone who says how they were able to get back up and running so quickly. ,,,,,,,, look at you guys with your...
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Dec 7, 2012
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that doesn't even take into account a trillion-dollar economy. we have got a government that is both naive and irresponsible. it's got to change. >> bill: real quick, did i pick on this jeffrey hillman guy, the homeless guy? this guy has got his apartment paid for. he has got medicaid. he has got food stamps. he has got it all. there he is in the street. am i being unfair to him? >> i don't think so at all. bill, what you are pointing out is it's extraordinary that our president who spent much of his life as a community organizer is more interested in expanding government than he is in actually organizing and supporting communities which are really the answer to mr. hellman's tragedy. >> bill: solving these kinds of problems. >> absolutely. >> bill: bill o'reilly.com poll question in play do you believe president obama and the republicans will reach a budget deal before automatic tax increases are triggered? yes or no and we will give you the results on monday. next on the run down, ms. laura ingraham has some thoughts about the bob costas interv
that doesn't even take into account a trillion-dollar economy. we have got a government that is both naive and irresponsible. it's got to change. >> bill: real quick, did i pick on this jeffrey hillman guy, the homeless guy? this guy has got his apartment paid for. he has got medicaid. he has got food stamps. he has got it all. there he is in the street. am i being unfair to him? >> i don't think so at all. bill, what you are pointing out is it's extraordinary that our president who...
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it will help to lower the cost of energy in the whole economy making our economy again more efficient than just about any other developed country and a source of real wealth as we create to build out this sector here more and more of that. margie patel, wells fargo management. ashley: 8.8 million jobs were lost as a result of financial crisis. 4.2 million have been recovered. that is less than half. unlikely weill get all of them back because companies are used to doing with less. tracy: lean and mean. ashley: more ahead on the economy and oh, yeah, that fiscal cliff. ftn economist lindsey piegza says washington is ignoring a much bigger problem than tax rates on the wealthy. she will explain just ahead. tracy: fox business exclusive for one company that saw its stock double after hurricane sandy. generac's ceo joins us ahead. look how oil is trading right now, basically unchanged, $86.04 a barrel. we'll be right back. tracy: it is time to make some money with charles payne. this hour we're looking at a california-based tech company. charles spent a lot of time in cali. >> yes. i'm st
it will help to lower the cost of energy in the whole economy making our economy again more efficient than just about any other developed country and a source of real wealth as we create to build out this sector here more and more of that. margie patel, wells fargo management. ashley: 8.8 million jobs were lost as a result of financial crisis. 4.2 million have been recovered. that is less than half. unlikely weill get all of them back because companies are used to doing with less. tracy: lean...
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Dec 4, 2012
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they see action to ensure that the economy continues to grow. governors broadly speaking having an interest in washington making wise investments and rebuilding our infrastructure. they obviously have a stake in our health care entitlement programs including of course medicaid. and what governors house in common with the president of the united states is their chief executives. they run things and they're very practical and pragmatic about it by and large. you know, that is sometimes a distinction between governors and lawmakers on capitol hill. i can't speak for every single one of them, that they tend to want pragmatic solutions to these fiscal challenges of the president looks forward to having a conversation with those governors. [inaudible] >> in some other states have not yet been all the deadlines with regard to the health care exchanges, will that be on the table as part of the political discussions tomorrow? >> i suppose it could be discussed. i don't have an agenda beyond what we talked about your readout to you. >> on a different topi
they see action to ensure that the economy continues to grow. governors broadly speaking having an interest in washington making wise investments and rebuilding our infrastructure. they obviously have a stake in our health care entitlement programs including of course medicaid. and what governors house in common with the president of the united states is their chief executives. they run things and they're very practical and pragmatic about it by and large. you know, that is sometimes a...
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6.2%, that's $115 billion a year that will go to deficit reduction instead of being pumped into the economy. heidi cherholts is an economist. >> it's less money for consumers to spend that means the demand for goods and services will drop. who provides goods and services? workers. so employment will fall. >> reporter: those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. with although mejia says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. might be that jacket that they want to go to school with in the winter. might be those pair of boots that they want to go and keep warm. >> reporter: for john mejia, the debate in washington is not about the federal budget it's about his family's. jim axelrod, cbs news, west new york, new jersey. >> pelley: well, a lot of families with tight budgets will be happy to hear this next story: the housing market is coming back. we got a report today that says home prices in october had their biggest gain in six years. up more than 6%. sales have been ri
6.2%, that's $115 billion a year that will go to deficit reduction instead of being pumped into the economy. heidi cherholts is an economist. >> it's less money for consumers to spend that means the demand for goods and services will drop. who provides goods and services? workers. so employment will fall. >> reporter: those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. with although mejia says that somewhere will mean...
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economy. >> can you get the backlog up and running? will the store shelves be filled up again and will back orders be filled? >> it will take five or six days to do that and then we got to work around the clock to get the goods to people to make sure that santa has all of the presence under the tree and hanukkah is being celebrated. >> okay. so next question. this has to do with pot. we opened the show with the issue of pot. it is an issue that your state knows intimately with medical marijuana be legalized. you have a complex relationship with that legalization. i don't want to get into your local issues. i want to get into your issues with the fed. so many people don't understand how these federal laws that continue to ban marijuana sale, use, trafficking, et cetera, will reconcile with state laws that are allowing it. have you had complex conversation with eric holder and the feds on backing off and allowing states to do their things? >> no, i haven't. i believe that the governor has but we've had our own problems locally because ou
economy. >> can you get the backlog up and running? will the store shelves be filled up again and will back orders be filled? >> it will take five or six days to do that and then we got to work around the clock to get the goods to people to make sure that santa has all of the presence under the tree and hanukkah is being celebrated. >> okay. so next question. this has to do with pot. we opened the show with the issue of pot. it is an issue that your state knows intimately with...
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country is on the right track and majority believe it's likely president obama will approve the the economy. >>> the national football league says it would help the oakland raiders build a new stadium. roger goodell says it's crucial the raiders improve their stadium situation and the national football league would help pay for a new one. the raiders and city of oakland have held talks about a new stadium but there is nothing certain yet. commissioner goodell said the raiders could share the 49ers new stadium but that deal would have to be worked out between those two teams. >>> bart is trying to do something for military veterans giving them some help in getting a job. the board of directors approved a new hiring policy yesterday. it gives military veterans a 5% chance over other possible perspective workers. the veterans have to have six months of active status and honorable discharge. they also have to pass an exam. the new policy begins at the beginning of the new year. >>> stretch of highway 1 that was closed down because of the recent wet weather could be back open today. it's between
country is on the right track and majority believe it's likely president obama will approve the the economy. >>> the national football league says it would help the oakland raiders build a new stadium. roger goodell says it's crucial the raiders improve their stadium situation and the national football league would help pay for a new one. the raiders and city of oakland have held talks about a new stadium but there is nothing certain yet. commissioner goodell said the raiders could...
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economy. we think the rate cutting cycle may well be over, but the market isn't particularly viewing it that way as of yet. so the aussie still has that headwind. but it feels like headwinds. it is a bit frustrating because we are quite bearish in aussie but we're not getting that kind of downside momentum. it's just stop the cap side. >> you never know. >> it's a rarity. >> it is a rare thing for you. hang around long enough, it will go your way. thanks for that. >> cheers. >>> spain. the treasury is setting up three, seven, and ten-year bonds. they're now pre-funding for 2013. we've got the results of that in around about 30 minutes. >>> and china and india secretary growth slowed in november. analysts say china and india's nonmanufacturing team expected to improve thanks to a hiring boost in the mainland as well as strong new orders in india. at the same time, china's new leadership, as we pointed out, has laid out some fresh directives. >> these are some pretty sweeping reforms making chin
economy. we think the rate cutting cycle may well be over, but the market isn't particularly viewing it that way as of yet. so the aussie still has that headwind. but it feels like headwinds. it is a bit frustrating because we are quite bearish in aussie but we're not getting that kind of downside momentum. it's just stop the cap side. >> you never know. >> it's a rarity. >> it is a rare thing for you. hang around long enough, it will go your way. thanks for that. >>...
WHUT (Howard University Television)
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>> our economy is mainly based on tourism. incidently, mainly from europe. there have been changes in the patterns of the fish, so our whole economy is now at risk. if it continues like this, the seychelles, the sea level rise will not be our biggest problem but we will become a failed state. >> you are in the indian ocean. place yourself geographically with other islands off the coast of africa that you are near. >> we are in the group of 115 islands east of kenya, north of madagascar. we cover a huge area of the southwestern indian ocean. we're at the full mercy of what happens in the ocean. we are ocean people. anything that affects oceans, whether through increased temperatures, acidification, which is a bigger threat to khor reece that morning temperatures. >> what happened with acidification? why is that a result of climate change? >> we are reaching the limits of carbon dioxide and water can take out of the air. we have abused the oceans as we have abused the forests. >> people here have said they joked that they found something with a label made in t
>> our economy is mainly based on tourism. incidently, mainly from europe. there have been changes in the patterns of the fish, so our whole economy is now at risk. if it continues like this, the seychelles, the sea level rise will not be our biggest problem but we will become a failed state. >> you are in the indian ocean. place yourself geographically with other islands off the coast of africa that you are near. >> we are in the group of 115 islands east of kenya, north of...
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but now, investors are scared a plunge over the cliff could send the economy falling back into recession. those worries sent stocks falling. the s & p down two straight weeks after the election, even though it has made up four of the 5.3% loss, whenever there was a glimmer of a hope of a deal, headed up. and the fallout from the fiscal cliff could put even more pressure on unemployed americans, or those just trying to keep up with house payments. except more ups and downs for your investments ahead, but not so much because of big numbers out this week, among them, an important reading on manufacturing tomorrow, and then, what is often the biggest market mover of any month, the jobs report. november's release before the bell on friday. the cliff will likely overshadow even that. and with tax increases looming on capital gains and dividends, investors may start selling before the end of the year to get the better deal if there is no deal. that means, december may not live up to its history of heading higher and leave many questions about what the new year will mean for your bottom line. ha
but now, investors are scared a plunge over the cliff could send the economy falling back into recession. those worries sent stocks falling. the s & p down two straight weeks after the election, even though it has made up four of the 5.3% loss, whenever there was a glimmer of a hope of a deal, headed up. and the fallout from the fiscal cliff could put even more pressure on unemployed americans, or those just trying to keep up with house payments. except more ups and downs for your...
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>> the district attorney says 36% of bullied kids miss school which affects graduation rates, the economy, and public safety. the top three videos came from saint ignatius high school, the academy the arts and science and lincoln high school. >>> inmates in the south bay are using their woodworking skills to put smiles on kids' faces this holiday season. the santa clara county sheriff's office and the department of corrections donated 350 toys to the toys for tots program and they were all made by elmwood facility inmates in milpitas. they range from a car to those rocking horses. >> definitely i would love to have kids see that i have put, you know, toys together for them and, you know, just good seeing those things go out to them. >> over the last 12 years, elmwood inmates have made more than 3,000 toys for children. >>> and coming up in our next half hour, emergency services on the chopping block. the bay area city that could lose its only fire station. >> on the 8th day of the port strike in southern california, new action to try to put an end to it. >> he's making cynical comments, l
>> the district attorney says 36% of bullied kids miss school which affects graduation rates, the economy, and public safety. the top three videos came from saint ignatius high school, the academy the arts and science and lincoln high school. >>> inmates in the south bay are using their woodworking skills to put smiles on kids' faces this holiday season. the santa clara county sheriff's office and the department of corrections donated 350 toys to the toys for tots program and...